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The IEA said 80 percent of the growth in demand expected between now and 2040 should come from emerging markets. China and India chief among them.
Read More »US Natural Gas Global Rise
Sonatrach Boost Cooperation with Exxon Mobil on Shale Gas
Sonatrach will boost discoveries to reach 100 million tonnes of oil equivalent per year.
Read More »US Oil and Gas Production is Leaving Saudi Arabia and Russia Behind
The EIA estimates that the US pumped the equivalent of 30 million barrels of oil per day in 2017.
Read More »Venezuela could Prompt OPEC to Pump More
India has asked Saudi Arabia for assurances that oil prices will remain stable and moderate.
Read More »OPEC may Decide to Ease Oil Supply Curbs in June
Concerns raised by the United States that oil prices were too high also made the exporting group start internal discussions.
Read More »OPEC to Mull New Ways to Control Oil Stockpiles
OPEC and allied oil producers including Russia are discussing new ways of measuring global crude stockpiles.
Read More »UAE`s Firm to Take Stake in Subsidiary of Russia`s Gazprom
Middle East oil producers and Russia have forged closer ties since striking a deal to cut global crude output in a bid to remove a glut in supplies.
Read More »EU Urges Russia. Ukraine to Resume Trilateral Gas Talks
Šefčovič’s statement from Brussels reiterated the need for continued. long-term transit of Russian gas through Ukraine to the EU that would be both reliable and commercially viable.
Read More »OMV to Maintain Cooperation with Iran
OMV is an international. integrated oil and gas company. headquartered in Vienna.
Read More »Barkindo to be Honored as ‘Africa Oil Man of the Year’
Barkindo took over as Secretary General of OPEC in August 2016.
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